Mankato is home to 45,473 people in Minnesota. This skews young, with a median age of 26.5. 72% were living in the same home a year earlier. 50% of homes are owner-occupied. Growth has run 40% since 2000, or 13,046 more people. Getting to work takes 14 minutes on average.
At a glance
Lower income
median household income $66,873, below the US median
US median: $82,259
Younger
median age 26.5
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 56%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Mankato
What changed most since 1990
Adults with a bachelor's degree29.2% → 35.1%(+6.0 pts)US over the same years: +15.3 pts
Black share0.6% → 7.0%(+6.4 pts)US over the same years: +0.2 pts
Hispanic share1.2% → 5.2%(+4.0 pts)US over the same years: +9.9 pts
Mankato's population equals 65% of Blue Earth County's. Its number of foreign-born residents equals 90% of the county's. Its number of households without a car equals 90% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)26.5%(359)
US avg: 26.4%
Gulf War (1990s)11.1%(150)
US avg: 24.3%
Vietnam era37.6%(509)
US avg: 33.1%
Korean War2.3%(31)
US avg: 4.5%
World War II3.1%(42)
US avg: 1%
Share of the 1,353 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Mankato, decade by decade
Mankato population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
31,475
$53,954
$148,564
29.2%
9.8
2000
32,427
$61,856
$167,228
32.2%
20.1
2010
39,309
$57,816
$226,143
33.4%
27.4
2020
44,488
$63,524
$228,954
38.3%
48.8
2024
45,473
$66,873
$261,700
35.1%
41.7
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
